CURRENT RISKS IN THE MICROFINANCE INDUSTRY IN NEPAL. Prakash Raj Sharma/Basanta Lamsal Nepal Microfinance Bankers Association
|
|
- Lynette Robinson
- 5 years ago
- Views:
Transcription
1 CURRENT RISKS IN THE MICROFINANCE INDUSTRY IN NEPAL Prakash Raj Sharma/Basanta Lamsal Nepal Microfinance Bankers Association
2 Microfinance in Nepal Emerged as a poverty reduction tool from 1970s with the implementation of Small Farmer Development Program (SFDP) 1990s witnessed introduction of Grameen Bank Financial System (GBFS) in Nepal with Nepal Rastra Bank s (Central Bank of Nepal) initiation Private sector also implemented GBFS through Non Governmental Organizations (NGOs) which were transferred in to Regulated Microfinance Financial Institutions (MFFIs) later
3 Microfinance in Nepal Since last few years Commercial Banks, Development Banks are down scaling their business in microfinance through different means Emergence of wholesale funding institutions for MFFIs has also come in to enforcement Many Savings and Credit Cooperatives (SACCOs) and Financial Non-Governmental Organizations (FINGOs) are also providing microfinance services in Nepal..Though diverse suppliers MFFIs are predominant players in microfinance sector in Nepal
4 Microfinance in Nepal Modern Microfinance movement that started from 1993 in Nepal has completed a glorious 25 years of Operation. Congratulations!!!
5 Industry Overview (Mid December 2017) Number of licensed MFFIs: 58 (65 as of today) National level: 26 (4 wholesale) Regional/district level: 32 Total equity invested: NPR 8,652.6 m (USD 83.2 m) Reserve and surplus: NPR 7,651.8 m (USD 73.6 m) Number of Branches: 2,121 Total Staff: 10,059 Total clients: 2.52 m Total MFFI loans: NPR 117,225.5 m (USD 1,127.2 m) Total Savings deposits: NPR 39,575.3 m (USD m) Total Borrowings: NPR 70,974.9 m (USD m)
6 Growth and Trends Growth and Trends..
7 Growth of MFFIs Number of MFIs Growth % % 65 23% 30% 25% % % % 20% 15% 10% 5% 0 069/70 070/71 071/72 072/73 073/ Falgun 0%
8 Amount in Billion NPR Growth of Loans, Savings and Borrowings Savings Borrowings Loans /70 070/71 071/72 072/73 073/ Mangsir
9 Sources of Funds (Amount in billion NPR) Mangsir 2074 Mangsir % % % % % % % % Capital Fund Saving Deposits Borrowings
10 Uses of Funds (Amount in billion NPR) 3.1 2% 1.4 1% % Mangsir % % 1.1 1% 2.6 2% % Mangsir % % Loans Liquid Funds Other Assets Investments Fixed Assets
11 Funding Liabilities to Total Loans Mangsir 2074 Mangsir % 60.6% 30.9% 64.6% Borrowings Borrowings Savings/deposits
12 Problems and Issues Financial Resources a major constraint for expansion and growth
13 Regulatory Provisions on MFFIs MFFIs can mobilize financial resources (Savings + Borrowings + Debentures) 30 times of their core capital (NRB directives 16.1) Retail MFFIs that has qualified certain condition can accept public deposits with prior approval from NRB (NRB directives 16.5) only 2 MFFIs have received approval and it is limited to few branches Class A, class B and class C banks and financial institution have to lend minimum 5, 4.5 and 4 percent respectively of their loan and advances portfolio to deprived sector in the form of retail or wholesale loans (NRB unified directives 17/074)
14 Growth of Loans, Borrowings and Savings in Recent Months Loans Borrowings 60 Savings Ashoj'74 Kartik'74 Mangsir'74
15 Fund Availability Situation All Banks and Financial Institutions have complied with NRB directives. As of Mangsir 2074 following is the deprived sector to total loans of banks and financial institutions Class A: 5.97% Class B: 8.55% Class C: 4.63% Fully saturated No room for additional funding from banks and FIs Clients deposit is not sufficient (only funds around 34% of loan on average)
16 Problems and Issues.. Interest on borrowings and Interest from loans impact on sustainability of the operations
17 Existing Provision for Interest Rate Commercial banks can not charge interest rate less than their base rate (Different interpretations by CBs and NRB) MFFIs can not charge interest rate more than 18% The spread rate of MFFIs after adding maximum 4% of administrative cost on cost of fund should not exceed 7%. However the maximum rate of interest should not exceed 18% in any case (Total spread given to MFI is up to 11% but practical margin at present is 6-7%)
18 Existing Scenario of Interest Rate The borrowing interest rate has gone as high as 14.5% The average portfolio yield of MFFIs is around17% MFFIs can not survive in the existing interest rate scenario
19 Problem and Issues Multiple financing detrimental to the industry
20 Probable Causes of Multiple Financing (Over Indebtedness) Over presence of MFFIs in one area/branch expansion policy Ineffective credit information system No proper loan utilization check by MFFIs Improper client appraisal Unrealistic target set by Head office Loan amount not sufficient as per credit need of a client Duplication and no coordination between different categories Microfinance providers (class A, B and C BFIs; FINGOs, SACCOS etc) Multiple financing may lead to over indebtedness which may result adverse effect on capacity to repay of the clients
21 Other Operational Problems and Issues Unhealthy competition Mission drift Decreasing trend of portfolio quality Violation microfinance norms and client protection principles Lack of qualified and professional human resources Poor Governance and poor internal control system Over commercialization and tendency to seek profit immediately Aggressive expansion and Growth Improper Management Information System No market research.no innovation supply driven products and services
22 Policy Recommendations Issuance of new microfinance policy Policy address to mitigate financial resources constraint Increase in deprived sector lending requirement from BFIs Establishment of separate fund by the government Access to international funding by wholesale MFFIs Allowance of public deposit mobilization to MFFIs
23 Policy Recommendations Review of the existing interest rate policy by the NRB BFIs to lend deprived sector loan at their average cost of fund plus max 2 percent premium (if interest cap is there) No Interest rate cap if base rate plus premium is applicable on MFI s borrowings Licensing of new MFFIs needs to be stopped Branch opening/approval policy needs to be reviewed and organized differently Participation in credit information system from all MFFIs to avoid multiple financing Same regulations as MFFIs to other microfinance suppliers
24 Recommendations to NMBA Formulation of code of conducts and strictly implement those code of conducts
25 THANK YOU!!!
Financial Inclusion in Nepal: Current Situation, Past Attempts and Current Policies
Financial Inclusion in Nepal: Current Situation, Past Attempts and Current Policies Dr. Chiranjibi Nepal, Governor, Nepal Rastra Bank, Prepared for First High-Level Follow-up Dialogue on Financing for
More informationSAARCFINANCE Seminar on. Regulation and Supervision of Microfinance Institutions. in SAARC Region. March 20-22, Kathmandu COUNTRY REPORT NEPAL
SAARCFINANCE Seminar on Regulation and Supervision of Microfinance Institutions in SAARC Region March 20-22, 2013 Kathmandu COUNTRY REPORT NEPAL Presented by: Participants*, Nepal Rastra Bank * : Mr. Raman
More informationMonetary Policy 2018/19 HIGHLIGHTS. July 2018
Monetary Policy 2018/19 HIGHLIGHTS July 2018 www.trunco.com.np Table of Contents Overall Economic Situation 5 Monetary Policy Stance 5 Monetary Management 5 Credit Management 6 Long term Interest Rate
More informationSupply/Availability of Wholesale Funds for MFIs in Nepal: Challenges and Problems
Supply/Availability of Wholesale Funds for MFIs in Nepal: Challenges and Problems A draft paper prepared for the Microfinance Summit Nepal 2010 (14-16 February, 2010) Kathmandu, Nepal By Nirdhan Utthan
More informationStandard Tariff of Charges 2019
1 Standard Tariff of Charges 2019 1. CUSTOMER SERVICES S.N. Services 1.1 Issuance of Cheque Book (Same branch) Free 1.2 Issuance of Cheque Book (Other branch) Free 1.3 Issuance of Loose Cheque NPR 50/-
More informationImpact of Deprived Sector Credit Policy on Micro Financing Presented by Nepal Rastra Bank
Impact of Deprived Sector Credit Policy on Micro Financing Presented by Nepal Rastra Bank Introduction: The deprived sector credit policy is directed credit policy of Nepal Rastra Bank, which is designed
More informationJanuary Grading Rationale Ganapati Microfinance Bittiya Sanstha Limited Grading
Grading Rationale Ganapati Microfinance Bittiya Sanstha Limited Grading Facility/Instrument Amount (Rs. In Million) Rating/Grading Grading Action Initial Public issue 33.50 CARE-NP IPO Grade 4 [IPO Grade
More informationFINANCIAL INCLUSION: STATE OF THE ART IN NEPAL
FINANCIAL INCLUSION: STATE OF THE ART IN NEPAL Abstract - Nara Hari Dhakal 1 This paper analyzes the state of the art on financial inclusion in Nepal. This paper documented the access to financial services
More informationCentral Bank of Sudan Microfinance Unit
Central Bank of Sudan Microfinance Unit Role & Mission April 2007 Mutwakil Bakri Why Microfinance Matters? Poverty Map in Sudan: 76% Under Poverty Line,70% in Rural Deprived Areas Demand Gap:only 1-3%
More informationFINANCIAL STABILITY REPORT
FINANCIAL STABILITY REPORT (January 2013 Issue No. 2) Nepal Rastra Bank Central Office Baluwatar, Kathmandu Published by: Nepal Rastra Bank Central Office Banks and Financial Institutions Regulation Department
More informationNEPAL MONETARY POLICY 2018 Highlights
NEPAL MONETARY POLICY 2018 Highlights www.nbsm.com.np NBSM & Associates Chartered Accountants NBSM Consulting Table of Content Economic Outlook 3 Monitory Management 4 Debt Management 5 Regulations 6 Financial
More informationNIC Asia Bank Limited
Rating Rationale NIC Asia Bank Limited Rating Facility/Instrument Amount (Rs. In Million) Rating Rating Action Issuer Rating - CARE-NP A (Is) [Single A (Issuer)] Assigned The explanatory notes regarding
More informationPROPOSALS FOR REGULATIONS
PROPOSALS FOR REGULATIONS Tier 4 Microfinance Institutions and Money Lenders Act (2016) Shared with Department of Microfinance MoFPED March 2017 PROPOSALS FOR REGULATIONS Tier 4 Microfinance Institutions
More informationNBSM Newsletter, August 2015 Volume 1
NBSM Newsletter, August 2015 Volume 1 In this Issue: I. BANKING REFORMS IN NEPAL II. III. IV. PROVISIONS FOR WATCHLIST- NRB CHANGING TIME CHANGING AUDIT APPROACH TAX FACT INCOME FROM EMPLOYMENT V. QUICK
More informationNIC Asia Bank Limited Rating Facility/Instrument
Rating Rationale NIC Asia Bank Limited Rating Facility/Instrument Amount Rating Rating (Rs. In Million) Action Subordinated Debenture 10% NIC 4,000 CARE-NP A Assigned Asia Debenture 2085/86 [Single A]
More informationBanking and Finance Indian Microfinance Sector: Entering a phase of moderate credit risk, three years post AP crisis
Indian Microfinance Sector: Entering a phase of moderate credit risk, three years post AP crisis March 7, 214 Summary Microfinance sector in India has gone through 3 broad risk phases in the past high
More informationICRA NEPAL COMMENTS ON MONETARY POLICY FOR
ICRA NEPAL COMMENTS ON MONETARY POLICY FOR 201819 CCD ratio for banks not increased and hence remains a positive in terms of curbing recent high credit growth in industry; easing out of CRR/SLR and reduction
More informationGreen Development Bank Ltd - IPO Analysis. IPO Issue Snapshot: 1. Company Overview: Issue Details: Issue Type. Issue Price per share Rs.
May 31, 2016 Green Development Bank Ltd - IPO Analysis IPO Issue Snapshot: Issue Details: Issue Type Issue Size IPO 450,000 units Issue Price per share Rs. 100 Issue Open Date 2016-06-05 (2073/02/23) Early
More informationChapter 5 ADVANCING INCLUSIVE FINANCIAL SYSTEM IN THE NEXT DECADE: A CASE OF NEPAL. By Hem Prasad Neupane 1
Chapter 5 ADVANCING INCLUSIVE FINANCIAL SYSTEM IN THE NEXT DECADE: A CASE OF NEPAL By Hem Prasad Neupane 1 1. Background 1.1 Country Information Nepal is a small and land-locked rural country 2 with more
More informationMICROFINANCE IN NEPAL
MICROFINANCE IN NEPAL Experiences of RMDC as an apex microfinance organization * AN OVERVIEW OF MICROFINANCE SECTOR IN NEPAL 1. Over the past 28 years, the Government introduced a number of programs to
More informationPublic Disclosure Authorized. Public Disclosure Authorized. Public Disclosure Authorized. Public Disclosure Authorized
69052 Tajikistan Agriculture Sector: Policy Note 3 Demand and Supply for Rural Finance Improving Access to Rural Finance The Asian Development Bank has conservatively estimated the capital investment needs
More informationFinancial Sector Development Strategy for Inclusive Growth
49 th SEACEN Governors Conference, High-level Seminar and 33 rd Meeting of the SEACEN Board of Governors 21 23 November 2013, Kathmandu, Nepal Financial Sector Development Strategy for Inclusive Growth
More informationTable of Contents. 1. History of NBC The Role of NBC. 2. Banking Sector Development Growth of banking sector
Table of Contents 1. History of NBC The Role of NBC 2. Banking Sector Development Growth of banking sector 3. Financial Sector Development Strategy 2006-2015 NBC challenges for a sound financial system
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Nine Months' Data of 2015/16) Growth Outlook 1. As per the recent release of national accounts statistics
More informationAnnual Report 2012/13
Annual Report RMDC for Safe, Sensible & Sustainable Microfinance The Partner for Safe, Sensible & Sustainable Microfinance Microfinance Development Banks Fingos Cooperative Societies Vision Emerge as
More informationNepal Rastra Bank s Monetary Policy 2074/75 (Highlights & Analysis)
Nepal Rastra Bank s Monetary Policy 2074/75 (Highlights & Analysis) The following is a summary of Nepal Rastra Bank s Monetary Policy for the Fiscal Year 2074/2075. Factors most relevant to the Capital
More informationUnderstanding Rural Finance Issues and the Macro and Micro Operating Environment. Module 2 Rural Finance & Microfinance Actors and approaches
Understanding Rural Finance Issues and the Macro and Micro Operating Environment Module 2 Rural Finance & Microfinance Actors and approaches Rural and Agricultural Finance Module 2 Agenda Block 1 Introductions
More informationMIX Microfinance World: State of Social Performance in Nepal
MIX Microfinance World: State of Social Performance in Nepal Introduction In 2012, social performance (SP) reporting for Nepal surged. 1 While at the beginning of the year only one microfinance institution
More informationMICROFINANCE INDUSTRY IN NEPAL: CURRENT STATUS, RECENT TRENDS AND SOME THOUGHTS FOR THE FUTURE Nara Hari Dhakal 1. Abstract
MICROFINANCE INDUSTRY IN NEPAL: CURRENT STATUS, RECENT TRENDS AND SOME THOUGHTS FOR THE FUTURE Nara Hari Dhakal 1 Abstract This paper reviews current status and recent trends; and provide some thoughts
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Six Months Data of 2018/19) Major Highlights Inflation remained 4.6 percent on y-o-y basis. Import
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Ten Months' Data of 2015/16) Growth Outlook 1. The available data of the first ten months of the fiscal
More informationNepalese Financial System. and. Investment Environment. Narayan Prasad Paudel. Ratna Pustak Bhandar. Kathmandu, Nepal
Nepalese Financial System and Investment Environment Narayan Prasad Paudel Ratna Pustak Bhandar Kathmandu, Nepal CONTENT. Chapter 1 Nepalese Financial System 1-62 Financial System and Economic Development
More informationSESSION II: FINANCING INITIATIVES AND BUSINESS PLANS THAT WORK Unlocking Domestic Finance
SESSION II: FINANCING INITIATIVES AND BUSINESS PLANS THAT WORK Unlocking Domestic Finance Presented By: Satish Gautam National Program Manager/Senior National Advisor Renewable Energy for Rural Livelihood
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Eleven Months' Data of 2015/16) Growth Outlook 1. The available data from different parts of the country
More informationNepal Rastra Bank. Uniform Chart of Accounts. for "A", "B" and "C" class Banks and Financial Institutions. May 2018
Nepal Rastra Bank Uniform Chart of Accounts for "A", "B" and "C" class Banks and Financial Institutions May 2018 Banks and Financial Institution Regulation Department 1 1. Introduction 1.1 Background As
More informationPayment System in Nepal: Status, Progress and Initiatives
Payment System in Nepal: Status, Progress and Initiatives Ramu Paudel Deputy Director Payment & Settlement Policy Unit Nepal Rastra Bank 16th SAARC Payment Council Meeting 3rd March 2015 Objectives, strategy
More informationNepal Rastra Bank Central Office. Current Macroeconomic Situation of Nepal
Nepal Rastra Bank Central Office Current Macroeconomic Situation of Nepal (Based on the Annual Data of FY 2013/14) Real Sector Gross Domestic Product 1. According to the preliminary estimates of Central
More informationUnofficial Translation. Monetary Policy for 2018/19
Unofficial Translation Monetary Policy for 2018/19 Nepal Rastra Bank Central Office Baluwatar, Kathmandu July 2018 Monetary Policy for 2018/19 Delivered by Governor Dr. Chiranjibi Nepal on 11 July 2018
More informationIPO Review: Support Microfinance Bittiya Sanstha Limited
Date: October 04, 2017 - Sukriti Khanal, Equity Research Analyst IPO Review: Support Microfinance Bittiya Sanstha Limited BASIC INFORMATION Support Microfinance Bittiya Sanstha Ltd (SUPPORT) was incorporated
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Four Months Data of 2018/19) Major Highlights Inflation remained 4.2 percent on y-o-y basis. Import
More informationNepal SBI Bank Ltd. Unaudited Financial Results (Quarterly) Second Quarter ended of Fiscal Year 2075/2076 as on Poush 30, 2075 (14.01.
Statement of Financial Position Rs. in '000' Corrosponding Previous Year Quarter Ending Poush 30, 2074 (14.01.2018) Assets Group Bank Group Bank Group Bank Cash and cash equivalent 9,621,341 9,619,178
More informationRs 2,000 Rs 10,000 Medium. Rs 4,000 Rs 15,000 Large. Rs 6,000 Rs 20,000 Extra Large
1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 2 2.1 3 3.1 3.2 Customer Service NRB cheque issuance charge (If requested by BFIs) NRB Cheque issuance (Other than BFIs) NRB Cheque cancellation charge Stop Payment (in
More informationFinancial Deepening & Development
Financial Deepening & Development Pakistan Development Forum April 26, 2007 Zubyr Soomro Country Officer & MD, Citibank N.A., Pakistan Case Study- Anopo from Thar 3 micro loans taken over 3 years helped
More informationCENTENARY BANK AGRIFINANCE EXPERIENCE. ABDUL KYANIKA NSIBAMBI CENTENARY BANK UGANDA 28 th 30 th March 2012 KAMPALA UGANDA
CENTENARY BANK AGRIFINANCE EXPERIENCE ABDUL KYANIKA NSIBAMBI CENTENARY BANK UGANDA 28 th 30 th March 2012 KAMPALA UGANDA Outline Centenary Bank History Centenary Bank Performance Market Share Branch Network
More informationImplications of the New Cooperative Act on the Financial Sector in Nepal
Implications of the New Cooperative Act on the Financial Sector in Nepal Definition A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily
More informationRs 3,000 Rs 10,000 Medium. Rs 5,000 Rs 15,000 Large. Rs 7,000 Rs 20,000 Extra Large
1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 2 2.1 3 3.1 3.2 Customer Service NRB cheque issuance charge (If requested by BFIs) NRB Cheque issuance (Other than BFIs) NRB Cheque cancellation charge Stop Payment (in
More informationNepal Microfinance Review Microfinance rising above the turmoil
Nepal Microfinance Review Microfinance rising above the turmoil 2012 Micro-Credit Ratings International Limited Copyright: Micro Credit Ratings International Limited, January 2013 All rights reserved Micro
More informationRegulatory Impact Assessment (RIA) on Microinsurance Nepal. -- Stakeholders Dialogue -- Findings, Conclusions and Strategic Recommendations
Regulatory Impact Assessment (RIA) on Microinsurance Nepal -- Stakeholders Dialogue -- Findings, Conclusions and Strategic Recommendations 6 September 2017 / Kathmandu, Nepal Dante Portula / Raquel Capio
More informationRs 3,000 Rs 10,000 Medium. Rs 5,000 Rs 15,000 Large. Rs 7,000 Rs 20,000 Extra Large
1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 2 2.1 3 3.1 3.2 Customer Service NRB cheque issuance charge (If requested by BFIs) NRB Cheque issuance (Other than BFIs) NRB Cheque cancellation charge Stop Payment (in
More informationEmerging Issues in Nepalese Micro Finance Sector
Unit 5 Emerging Issues in Nepalese Micro Finance Sector NARA HARI DHAKAL * ABSTRACT This paper explores emerging issues on Micro Finance (MF) in Nepal and strategies towards developing a sustainable MF
More informationFINANCIAL SECTOR BLUEPRINT FOR
FINANCIAL SECTOR BLUEPRINT FOR 2001-2010 I.I. The Banking Sector VISION: A competitive, integrated, and efficient banking system that is properly regulated and supervised and effectively mobilizes savings
More informationCurrent Macroeconomic Situation (Based on the first eight months' data of 2007/08)
Current Macroeconomic Situation (Based on the first eight months' data of 2007/08) Money Situation Overall Liquidity 1. In the first eight months of 2007/08, broad money (M 2 ) increased by 13.5 percent
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal Inflation Consumer Price Inflation (Based on Five Months Data of 2018/19) 1. The y-o-y consumer price inflation
More informationRs 3,000 Rs 10,000 Medium. Rs 5,000 Rs 15,000 Large. Rs 7,000 Rs 20,000 Extra Large
1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Customer Service NRB cheque issuance charge (If requested by BFIs) NRB Cheque issuance (Other than BFIs) NRB Cheque cancellation charge Stop Payment (in house cheque)
More informationThe Strategy for Development of the. Microfinance Sector in Sudan. A Central Bank Initiative
The Strategy for Development of the Microfinance Sector in Sudan A Central Bank Initiative Abda Y. El-Mahdi Managing Director Unicons Consultancy Ltd. The Status of the Microfinance Sector in Sudan A growing
More informationRs 3,000 Rs 10,000 Medium. Rs 5,000 Rs 15,000 Large. Rs 7,000 Rs 20,000 Extra Large
1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Customer Service NRB cheque issuance charge (If requested by BFIs) NRB Cheque issuance (Other than BFIs) NRB Cheque cancellation charge Stop Payment (in house cheque)
More informationREVISION FOR 3 RD EDITION: LEGAL & REGULATORY ASPECTS OF BANKING
In the event of coming up with 3rd edition of LEGAL & REGULATORY ASPECTS OF BANKING we have made following changes in the 2nd edition book : UNIT - 1 Page 3 1.2 MEANING OF A BANK / FINANCIAL INSTITUTION
More informationSTRATEGY TO WORK WITH VILLAGE SAVINGS AND LOAN GROUPS
PREPARED FOR CARE Nepal, FAR WESTERN CLUSTER OFFICE DOTI, NEPAL STRATEGY TO WORK WITH VILLAGE SAVINGS AND LOAN GROUPS Submitted by Centre for Empowerment and Development Saibu-8, Lalitpur, Nepal Phone:
More informationPROGRAM-FOR-RESULTS INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.:
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized PROGRAM-FOR-RESULTS INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: 113653 Program
More informationBANKING WITH THE POOR
BANKING WITH THE POOR - Self Help Group Approach in India. by Ashok Kumar Valaboju M.Sc (Agric.), MBA, CAIIB Senior Branch Manager, Andhra Bank, Gurazala branch, Guntur Dist AP- India India has been fast
More informationCentral Renewable Energy Fund Nepal. Delivering Benefits for the Poor through Public Private Partnerships (Session Three)
Central Renewable Energy Fund Nepal Delivering Benefits for the Poor through Public Private Partnerships (Session Three) P R I T H V I G YAWA L I C R E F S E C R E TA R I AT Contents Overview ADB s Financial
More informationBanking & Financial Statistics
Banking & Financial Statistics (Monthly) (Provisional) Deposit Credit 1800 1600 1400 1200 1478 1476 1483 1520 1522 1541 1569 1562 1586 1395 1395 1408 1081 1087 1099 1130 1134 1165 1194 1201 1223 1264 1276
More informationManaging for Profitability
Managing for Profitability Case Studies from DEPROSC Development Bank (DD Bank) in Nepal and Banco Caja Social BCSC in Columbia Building Financial Systems for the Poor http://www.cgap.org About This Project
More informationCommunity Managed Revolving Fund (Sustainable mechanism of microfinance practices to disadvantaged community)
Community Managed Revolving Fund (Sustainable mechanism of microfinance practices to disadvantaged community) A paper presented in Micro Finance Summit 2008 New departure in expanding the outreach of Micro-finance
More informationThe Regulation Muddle in Nepal
ESSAYS ON REGULATION AND SUPERVISION The Regulation Muddle in Nepal SANJAY SINHA SWETAN SAGAR MICRO-CREDIT RATINGS INTERNATIONAL LIMITED (M-CRIL) October 2007 ESSAYS ON REGULATION AND SUPERVISION No. 24
More informationBanking & Financial Statistics
Banking & Financial Statistics (Monthly) (Provisional) Deposit Credit 1800 1600 1400 1200 1478 1476 1483 1395 1408 1520 1522 1541 1569 1562 1586 1616 1087 1099 1130 1134 1165 1194 1201 1223 1264 1276 1295
More informationGhana : Financial services for women entrepreneurs in the informal sector
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized No. 136 June 1999 Findings occasionally reports on development initiatives not assisted
More informationIDF FINANCIAL SERVICES. Affordable microfinance to the underprivileged
IDF FINANCIAL SERVICES Affordable microfinance to the underprivileged IDF FSPL OPERATIONAL FROM 1 4 2009 IDF FINANCIAL SERVICES PVT.LTD. A Private Limited Company, incorporated under the Companies Act,
More information18th Year of Publication. A monthly publication from South Indian Bank.
To kindle interest in economic affairs... To empower the student community... Open YAccess www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank 18th Year of Publication Experience
More informationCOMMON CODE OF CONDUCT (CoC) FOR MICROFINANCE INSTITUTIONS IN GHANA. Version 1
COMMON CODE OF CONDUCT (CoC) FOR MICROFINANCE INSTITUTIONS IN GHANA Version 1 DECEMBER 2014 PART I PREAMBLE A: BACKGROUND The Ghana Microfinance Institutions Network (GHAMFIN) was registered in 1998 as
More informationThe Importance of Being Owned: Microfinance Institutions in Tanzania. Ana Marr and Miltos Petridis
Leverhulme Microfinance Research Project Executive Briefing Paper 3: February 2010 The Importance of Being Owned: Microfinance Institutions in Tanzania Ana Marr and Miltos Petridis Non-governmental organisations
More informationNepalese Banking Sector: Performance Update and Outlook
Nepalese Banking Sector: Performance Update and Outlook July 2018 Financial Sector Ratings Analysts: Kishor Prasad Bimali +977-1-4419910/20 kishor@icranepal.com Sailesh Subedi +977-1-4419910/20 sailesh@icranepal.com
More informationALES Agricultual Loan Evaluation System
ALES Agricultual Loan Evaluation System AgriFin Webinar Credit Scoring for Agriculture Lending 19 February 2013 F r a n k f u r t S c h o o l. d e Frankfurt School of Finance & Management - A new type
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Six Months' Data of 2016/17) Macroeconomic Outlook 1. The current macroeconomic indicators show the
More informationPolicy Provision for Opening Branch Office by Foreign Bank or Financial Institutions in Nepal, 2010
Policy Provision for Opening Branch Office by Foreign Bank or Financial Institutions in Nepal, 2010 Whereas, it is expedient to grant license to a foreign bank or financial institution for financial transaction
More informationCHAPTER - 6. PA NPA ANALYSIS AND INTERPRETATION OF DATA OF SELECTED UCBS TEKAN TOGETHER 6.1 Introduction 131
CHAPTER - 6 PA NPA ANALYSIS AND INTERPRETATION OF DATA OF SELECTED UCBS TEKAN TOGETHER 6.1 Introduction 131 6.2 Concept Of NPA And Its Importance In Banking Sector 131 6.3 Common - Size Analysis Of The
More informationRecent Crisis in India and Other Parts and Lessons for Commercial Microfinance
2011/GFPN/WKSP/006 Session 1 Recent Crisis in India and Other Parts and Lessons for Commercial Microfinance Submitted by: BASIX Workshop on Microfinance Best Practices Ha Noi, Viet Nam 7-8 April 2011 Recent
More informationSacco Regulation in Kenya. By Emmans Otadoh National Treasurer
Sacco Regulation in Kenya By Emmans Otadoh National Treasurer Presentation Outline Regulators in the financial sector in Kenya Africa Sacco Statistics Kenyan Sacco Statistics Sacco Regulations in Africa
More informationLessons learned from implementing Microfinance in a post-tsunami environment SRI LANKA. Dr. Dirk Steinwand
Lessons learned from implementing Microfinance in a post-tsunami environment SRI LANKA Dr. Dirk Steinwand Microfinance in South Asia Today and Tomorrow December 5-7, 2005, New Dehli Pre-Tsunami MF landscape
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal (Based on Three Months Data of 2018/19) Major Highlights Inflation remained 4.7 percent on y-o-y basis. Import
More informationNepal Rastra Bank Research Department
Nepal Rastra Bank Research Department Current Macroeconomic and Financial Situation of Nepal Inflation Consumer Price Inflation (Based on Two Months Data of 2018/19) 1. The y-o-y consumer price inflation
More informationExecutive Summary The Supply of Financial Services
Executive Summary Over the past 20 years Nepal s financial sector has become deeper and the number and type of financial intermediaries have grown rapidly. In addition, recent reforms have made banks more
More informationAn Overview of Microfinance in AP
National Seminar on Women Empowerment through Microfinance and Small Enterprises (11 th &12 th November 2010) organized by Dept. of Commerce, Govt. College for Women, Begumpet, Hyderabad Presentation on
More informationDeposit/Credit of Commercial Banks ( )
billion Rs. in 800 700 600 500 400 300 200 100 0 Deposit/Credit of Commercial Banks (2001-2011) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Deposit Credit BANKING AND FINANCIAL STATISTICS MID
More informationEXTERNAL COMMERCIAL BORROWINGS. RAJESH THAKKAR 17 February 2018 ICSI WIRC Training
EXTERNAL COMMERCIAL BORROWINGS RAJESH THAKKAR 17 February 2018 ICSI WIRC Training TABLE OF CONTENTS ECB Overview 3 Parameters for ECB 7 Security for raising ECB 16 Trade Credit 19 Other Key Aspects 22
More informationSECTOR ASSESSMENT (SUMMARY): Multi sector
Capital Market and Infrastructure Capacity Support Project (RRP NEP 43490-01) SECTOR ASSESSMENT (SUMMARY): Multi sector A. Overview of the Financial and Capital Markets in Nepal 1. Nepal began its first
More informationREGULATORY IMPACT ASSESSMENT (RIA) MICROINSURANCE IN NEPAL
REGULATORY IMPACT ASSESSMENT (RIA) MICROINSURANCE IN NEPAL Regulatory Impact Assessment (RIA) Microinsurance in NEPAL A publication of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
More informationPolicy, Regulatory and Supervisory Environment for Microfinance in Tanzania
ESSAYS ON REGULATION AND SUPERVISION Policy, Regulatory and Supervisory Environment for Microfinance in Tanzania G.C. RUBAMBEY BANK OF TANZANIA December 2005 ESSAYS ON REGULATION AND SUPERVISION No.15
More informationRASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU, NEPAL
RASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU, NEPAL DISCLOSURE UNDER BASEL III CAPITAL ACCORD SECOND QUARTER OF FY 2074-75 (2017-18) ENDING ON POUSH 30, 2074 (AS PER CLAUSE 7.4
More informationThe Team. Brigitte Ryder. Bobby Madhav. Sipho Silinda. Lindi Makapela
1 The Team Bobby Madhav Sipho Silinda Brigitte Ryder Lindi Makapela 2 Can Microfinance / Credit be delivered in a sustainable manner to the poor from a South African perspective? 3 Content 1 2 3 4 5 6
More informationRASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU, NEPAL
RASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU, NEPAL DISCLOSURE UNDER BASEL III CAPITAL ACCORD THIRD QUARTER OF FY 2074-75 (2017-18) ENDING ON CHAITRA 30, 2074 (AS PER CLAUSE
More informationMega Standard Charges
2016 Mega Standard Charges Mega Standard Charges Mega Standard Charges 2016 Page 1 of 17 1. Introduction 1.1 This document i.e. Mega Standard Charges 2016 (hereinafter called MSC 2016) supersedes all the
More informationCountry: Nepal. September 14, 2018 I Economics. Background
Country: Nepal Contact: Background September 14, 2018 I Economics Madan Sabnavis Chief Economist madan.sabnavis@careratings.com +91-22-67543489 Sushant Hede Associate Economist Manisha.sachdeva@careratings.com
More informationDownscaling with CRDB Bank in Tanzania
Downscaling with CRDB Bank in Tanzania Saugata Bandyopadhyay Deputy Managing Director, CRDB Bank Plc Tanzania Financial Inclusion Motivation for Downscaling Disruptive Channel Mobile money & Agent Banking
More informationMicrofinance: A Powerful Tool for Social Transformation, Its Challenges, and Principles
The Journal of Nepalese Business Studies Vol. I No. 1 Dec. 2004 Microfinance: A Powerful Tool for Social Transformation, Its Challenges, and Principles Puspa Raj Sharma* ABSTRACT This paper attempts to
More informationRASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU NEPAL
RASTRIYA BANIJYA BANK LTD. CENTRAL OFFICE SINGHADURBAR PLAZA, KATHMANDU NEPAL DISCLOSURE UNDER BASEL II CAPITAL ACCORD FOURTH QUARTER OF FY 2072-73 (2015-16) ENDING ON ASHADH END, 2073 (AS PER CLAUSE 7.4
More informationState Bank of Pakistan Development Finance Conference
State Bank of Pakistan Development Finance Conference Expanding Agri/Rural Finance Products and Services Benedicto S. Bayaua Secretary-General APRACA ABOUT APRACA Asia-Pacific Rural and Agricultural Credit
More information1. Tier 1 capital and a breakdown of its components:
Disclosure under Basel II capital accord of Nepal Rastra Bank (As per clause 7.4 of the New Capital Accord As at Fourth quarter FY 2068-69 (2011-12) ending Ashad 2069 (15July 2012) 1. Tier 1 capital and
More informationGUIDELINES FOR EVALUATION OF NON- GOVERNMENTAL ORGANIZATIONS ENGAGED IN MICROCREDIT ACTIVITIES
GUIDELINES FOR EVALUATION OF NON- GOVERNMENTAL ORGANIZATIONS ENGAGED IN MICROCREDIT ACTIVITIES The Technical Audit Unit of the Ministry of Finance has the duty of inspecting, appraising quality of performance,
More informationHarnessing Migrant Money Flow for Economic Development
Harnessing Migrant Money Flow for Economic Development 1 Presented By: Date: 7 November, 2010 Table of Contents 2 Economic Overview Foreign Employment and Remittance Nepali Financial System Collective
More information